Showing posts with label Ted Forstmann. Show all posts
Showing posts with label Ted Forstmann. Show all posts

Monday, November 21, 2011

A Statement from the American Federation for Children and Alliance for School Choice on the Passing of Ted Forstmann

It was just a week and a half ago that we brought you the inspiring story of the Children's Scholarship Fund, the brainchild of the late John T. Walton and Ted Fortsmann. The Wall Street Journal was profiling Fortsmann and his amazing organization, which has helped hundreds of thousands of low-income kids get a good education since Fortsmann and Walton started it in 1999.

Today, we're sad to be writing about Fortsmann again. The philanthropist and education reformer died yesterday at the age of 71. Our chairman, Betsy DeVos, released a statement expressing her sadness upon learning the news of Fortsmann's death:
On behalf of the entire American Federation for Children and the Alliance for School Choice, I want to express my heartfelt sadness upon learning of the passing of our friend Ted Forstmann yesterday.  

Thursday, November 10, 2011

Over A Decade Later, the Lasting Legacy of School Choice Champions Lives On

The deputy editor of the Wall Street Journal's editorial page devoted his column this week to a creation of two of the most committed men when it comes to giving educational options to low-income kids: Ted Forstmann and the late John Walton.

Ever heard of the Children's Scholarship Fund? If so, then you're familiar with one of Forstmann and Walton's most innovative education reform ideas. In the years since it was created in the late 1990s, nearly $500 million in scholarships has been provided to over 120,000 low-income children to attend schools that their parents chose for them.

Few private organization share so closely a mission with ours—to give low-income kids the same opportunities afforded to those who are well off. CSF, however, is a rare ally truly empowers families and parents with the ability to choose the learning environment most suited for their children, who they know most.

But back to today's column, about the fund and the continued plight of kids trapped in failing inner-city schools. In many ways, this year's sweeping school choice victories are the result of the hard work that Forstmann and Walton were engaged in far before it was popular, and far before over 200,000 children were benefiting from school choice all around the country.